Evergy Common Stock Stock Price Prediction
| EVRG Stock | USD 50.95 0.51 0.99% |
Oversold Vs Overbought
62
Oversold | Overbought |
Evergy Common Stock stock price prediction is an act of determining the future value of Evergy Common shares using few different conventional methods such as EPS estimation, analyst consensus, or fundamental intrinsic valuation. The successful prediction of Evergy Common's future price could yield a significant profit. Please, note that this module is not intended to be used solely to calculate an intrinsic value of Evergy Common and does not consider all of the tangible or intangible factors available from Evergy Common's fundamental data. We analyze noise-free headlines and recent hype associated with Evergy Common Stock, which may create opportunities for some arbitrage if properly timed.
Below are the key fundamental drivers impacting Evergy Common's stock price prediction:Quarterly Earnings Growth 6.664 | EPS Estimate Next Quarter 0.65 | EPS Estimate Current Year 3.83 | EPS Estimate Next Year 4.04 | Wall Street Target Price 55.73 |
It is a matter of debate whether stock price prediction based on information in financial news can generate a strong buy or sell signal. We use our internally-built news screening methodology to estimate the value of Evergy Common based on different types of headlines from major news networks to social media. The Evergy stock price prediction module provides an analysis of price elasticity to changes in media outlook on Evergy Common over a specific investment horizon. Using Evergy Common hype-based prediction, you can estimate the value of Evergy Common Stock from the perspective of Evergy Common response to recently generated media hype and the effects of current headlines on its competitors. We also analyze overall investor sentiment towards Evergy Common using Evergy Common's stock options and short interest. It helps to benchmark the overall future attitude of investors towards Evergy using crowd psychology based on the activity and movement of Evergy Common's stock price.
Evergy Common Short Interest
A significant increase or decrease in Evergy Common's short interest from the previous month could be a good indicator of investor sentiment towards Evergy. Short interest can provide insight into the potential direction of Evergy Common stock and how bullish or bearish investors feel about the market overall. An investor who is long Evergy Common may also wish to track short interest. As short interest increases, investors should be becoming more worried about Evergy Common and may potentially protect profits, hedge Evergy Common with its derivative instruments, or be ready for some potential downside.
200 Day MA 52.7703 | Short Percent 0.0384 | Short Ratio 2.95 | Shares Short Prior Month 7.5 M | 50 Day MA 50.953 |
Evergy Common Stock Hype to Price Pattern
Investor biases related to Evergy Common's public news can be used to forecast risks associated with an investment in Evergy. The trend in average sentiment can be used to explain how an investor holding Evergy can time the market purely based on public headlines and social activities around Evergy Common Stock. Please note that most equities that are difficult to arbitrage are affected by market sentiment the most.
Some investors profit by finding stocks that are overvalued or undervalued based on market sentiment. The correlation of Evergy Common's market sentiment to its price can help taders to make decisions based on the overall investors consensus about Evergy Common.
Evergy Common Implied Volatility | 31.18 |
Evergy Common's implied volatility exposes the market's sentiment of Evergy Common Stock stock's possible movements over time. However, it does not forecast the overall direction of its price. In a nutshell, if Evergy Common's implied volatility is high, the market thinks the stock has potential for high price swings in either direction. On the other hand, the low implied volatility suggests that Evergy Common stock will not fluctuate a lot when Evergy Common's options are near their expiration.
This module is based on analyzing investor sentiment around taking a position in Evergy Common. This speculative approach is based exclusively on the idea that markets are driven by emotions such as investor fear and greed. The fear of missing out, i.e., FOMO, can cause potential investors in Evergy Common to buy its stock at a price that has no basis in reality. In that case, they are not buying Evergy because the equity is a good investment, but because they need to do something to avoid the feeling of missing out. On the other hand, investors will often sell stocks at prices well below their value during bear markets because they need to stop feeling the pain of losing money.
Evergy Common after-hype prediction price | USD 50.95 |
There is no one specific way to measure market sentiment using hype analysis or a similar predictive technique. This prediction method should be used in combination with more fundamental and traditional techniques such as stock price forecasting, technical analysis, analysts consensus, earnings estimates, and various momentum models.
Prediction based on Rule 16 of the current Evergy contract
Based on the Rule 16, the options market is currently suggesting that Evergy Common Stock will have an average daily up or down price movement of about 1.95% per day over the life of the 2024-04-19 option contract. With Evergy Common trading at USD 50.95, that is roughly USD 0.99 . If you think that the market is fully incorporating Evergy Common's daily price movement you should consider acquiring Evergy Common Stock options at the current volatility level of 31.18%. But if you have an opposite viewpoint you should avoid it and even consider selling them.
Evergy |
Sophisticated investors, who have witnessed many market ups and downs, anticipate that the market will even out over time. This tendency of Evergy Common's price to converge to an average value over time is called mean reversion. However, historically, high market prices usually discourage investors that believe in mean reversion to invest, while low prices are viewed as an opportunity to buy.
Evergy Common After-Hype Price Prediction Density Analysis
As far as predicting the price of Evergy Common at your current risk attitude, this probability distribution graph shows the chance that the prediction will fall between or within a specific range. We use this chart to confirm that your returns on investing in Evergy Common or, for that matter, your successful expectations of its future price, cannot be replicated consistently. Please note, a large amount of money has been lost over the years by many investors who confused the symmetrical distributions of Stock prices, such as prices of Evergy Common, with the unreliable approximations that try to describe financial returns.
Next price density |
| Expected price to next headline |
Evergy Common Estimiated After-Hype Price Volatility
In the context of predicting Evergy Common's stock value on the day after the next significant headline, we show statistically significant boundaries of downside and upside scenarios based on Evergy Common's historical news coverage. Evergy Common's after-hype downside and upside margins for the prediction period are 49.79 and 52.11, respectively. We have considered Evergy Common's daily market price in relation to the headlines to evaluate this method's predictive performance. Remember, however, there is no scientific proof or empirical evidence that news-based prediction models outperform traditional linear, nonlinear models or artificial intelligence models to provide accurate predictions consistently.
Current Value
Evergy Common is very steady at this time. Analysis and calculation of next after-hype price of Evergy Common Stock is based on 3 months time horizon.
Evergy Common Stock Price Prediction Analysis
Have you ever been surprised when a price of a Company such as Evergy Common is soaring high without any particular reason? This is usually happening because many institutional investors are aggressively trading Evergy Common backward and forwards among themselves. Have you ever observed a lot of a particular company's price movement is driven by press releases or news about the company that has nothing to do with actual earnings? Usually, hype to individual companies acts as price momentum. If not enough favorable publicity is forthcoming, the Stock price eventually runs out of speed. So, the rule of thumb here is that as long as this news hype has nothing to do with immediate earnings, you should pay more attention to it. If you see this tendency with Evergy Common, there might be something going there, and it might present an excellent short sale opportunity.
| Expected Return | Period Volatility | Hype Elasticity | Related Elasticity | News Density | Related Density | Expected Hype |
0.00 | 1.16 | 0.00 | 0.00 | 8 Events / Month | 3 Events / Month | In about 8 days |
| Latest traded price | Expected after-news price | Potential return on next major news | Average after-hype volatility | ||
50.95 | 50.95 | 0.00 |
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Evergy Common Hype Timeline
Evergy Common Stock is currently traded for 50.95. The entity stock is not elastic to its hype. The average elasticity to hype of competition is 0.0. Evergy is projected not to react to the next headline, with the price staying at about the same level, and average media hype impact volatility is about 196.61%. The immediate return on the next news is projected to be very small, whereas the daily expected return is currently at 0.0%. %. The volatility of related hype on Evergy Common is about 1017.54%, with the expected price after the next announcement by competition of 50.95. About 90.0% of the company shares are held by institutions such as insurance companies. The company has price-to-book (P/B) ratio of 1.21. Some equities with similar Price to Book (P/B) outperform the market in the long run. Evergy Common Stock has Price/Earnings To Growth (PEG) ratio of 2.63. The entity last dividend was issued on the 8th of March 2024. The firm had 2:1 split on the 22nd of May 1987. Given the investment horizon of 90 days the next projected press release will be in about 8 days. Check out Evergy Common Basic Forecasting Models to cross-verify your projections.Evergy Common Related Hype Analysis
Having access to credible news sources related to Evergy Common's direct competition is more important than ever and may enhance your ability to predict Evergy Common's future price movements. Getting to know how Evergy Common's peers react to changing market sentiment, related social signals, and mainstream news is a great way to find investing opportunities and time the market. The summary table below summarizes the essential lagging indicators that can help you analyze how Evergy Common may potentially react to the hype associated with one of its peers.
| HypeElasticity | NewsDensity | SemiDeviation | InformationRatio | PotentialUpside | ValueAt Risk | MaximumDrawdown | |||
| EBR-B | Centrais Eltricas Brasileiras | 0.08 | 5 per month | 0.00 | (0.14) | 2.98 | (3.73) | 10.06 | |
| CEPU | Central Puerto SA | (0.16) | 9 per month | 2.53 | 0.03 | 5.81 | (3.94) | 16.60 | |
| CMS | CMS Energy | (0.47) | 9 per month | 0.00 | (0.08) | 1.55 | (1.91) | 4.99 | |
| EBR | Centrais Electricas Brasileiras | (0.02) | 4 per month | 0.00 | (0.13) | 2.65 | (3.88) | 10.82 | |
| ETI-P | Entergy Texas | 0.00 | 0 per month | 0.85 | (0.07) | 1.40 | (1.15) | 5.10 |
Evergy Common Additional Predictive Modules
Most predictive techniques to examine Evergy price help traders to determine how to time the market. We provide a combination of tools to recognize potential entry and exit points for Evergy using various technical indicators. When you analyze Evergy charts, please remember that the event formation may indicate an entry point for a short seller, and look at other indicators across different periods to confirm that a breakdown or reversion is likely to occur.| Cycle Indicators | ||
| Math Operators | ||
| Math Transform | ||
| Momentum Indicators | ||
| Overlap Studies | ||
| Pattern Recognition | ||
| Price Transform | ||
| Statistic Functions | ||
| Volatility Indicators | ||
| Volume Indicators |
About Evergy Common Predictive Indicators
The successful prediction of Evergy Common stock price could yield a significant profit to investors. But is it possible? The efficient-market hypothesis suggests that all published stock prices of traded companies, such as Evergy Common Stock, already reflect all publicly available information. This academic statement is a fundamental principle of many financial and investing theories used today. However, the typical investor usually disagrees with a 'textbook' version of this hypothesis and continually tries to find mispriced stocks to increase returns. We use internally-developed statistical techniques to arrive at the intrinsic value of Evergy Common based on analysis of Evergy Common hews, social hype, general headline patterns, and widely used predictive technical indicators.
We also calculate exposure to Evergy Common's market risk, different technical and fundamental indicators, relevant financial multiples and ratios, and then comparing them to Evergy Common's related companies. | 2021 | 2022 | 2023 | 2024 (projected) | Dividend Yield | 0.0317 | 0.037 | 0.0474 | 0.0537 | Price To Sales Ratio | 2.81 | 2.47 | 2.19 | 1.16 |
Story Coverage note for Evergy Common
The number of cover stories for Evergy Common depends on current market conditions and Evergy Common's risk-adjusted performance over time. The coverage that generates the most noise at a given time depends on the prevailing investment theme that Evergy Common is classified under. However, while its typical story may have numerous social followers, the rapid visibility can also attract short-sellers, who usually are skeptical about Evergy Common's long-term prospects. So, having above-average coverage will typically attract above-average short interest, leading to significant price volatility.
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Evergy Common Short Properties
Evergy Common's future price predictability will typically decrease when Evergy Common's long traders begin to feel the short-sellers pressure to drive the price lower. The predictive aspect of Evergy Common Stock often depends not only on the future outlook of the potential Evergy Common's investors but also on the ongoing dynamics between investors with different trading styles. Because the market risk indicators may have small false signals, it is better to identify suitable times to hedge a portfolio using different long/short signals. Evergy Common's indicators that are reflective of the short sentiment are summarized in the table below.
| Common Stock Shares Outstanding | 230.5 M | |
| Cash And Short Term Investments | 27.7 M |
Check out Evergy Common Basic Forecasting Models to cross-verify your projections. You can also try the Technical Analysis module to check basic technical indicators and analysis based on most latest market data.
Complementary Tools for Evergy Stock analysis
When running Evergy Common's price analysis, check to measure Evergy Common's market volatility, profitability, liquidity, solvency, efficiency, growth potential, financial leverage, and other vital indicators. We have many different tools that can be utilized to determine how healthy Evergy Common is operating at the current time. Most of Evergy Common's value examination focuses on studying past and present price action to predict the probability of Evergy Common's future price movements. You can analyze the entity against its peers and the financial market as a whole to determine factors that move Evergy Common's price. Additionally, you may evaluate how the addition of Evergy Common to your portfolios can decrease your overall portfolio volatility.
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Is Evergy Common's industry expected to grow? Or is there an opportunity to expand the business' product line in the future? Factors like these will boost the valuation of Evergy Common. If investors know Evergy will grow in the future, the company's valuation will be higher. The financial industry is built on trying to define current growth potential and future valuation accurately. All the valuation information about Evergy Common listed above have to be considered, but the key to understanding future value is determining which factors weigh more heavily than others.
Quarterly Earnings Growth 6.664 | Dividend Share 2.48 | Earnings Share 3.17 | Revenue Per Share 23.949 | Quarterly Revenue Growth (0.07) |
The market value of Evergy Common Stock is measured differently than its book value, which is the value of Evergy that is recorded on the company's balance sheet. Investors also form their own opinion of Evergy Common's value that differs from its market value or its book value, called intrinsic value, which is Evergy Common's true underlying value. Investors use various methods to calculate intrinsic value and buy a stock when its market value falls below its intrinsic value. Because Evergy Common's market value can be influenced by many factors that don't directly affect Evergy Common's underlying business (such as a pandemic or basic market pessimism), market value can vary widely from intrinsic value.
Please note, there is a significant difference between Evergy Common's value and its price as these two are different measures arrived at by different means. Investors typically determine if Evergy Common is a good investment by looking at such factors as earnings, sales, fundamental and technical indicators, competition as well as analyst projections. However, Evergy Common's price is the amount at which it trades on the open market and represents the number that a seller and buyer find agreeable to each party.